Alita Resources Ltd. that Robert Kirman and Robert Brauer of McGrathNicol were appointed as Voluntary Administrators of Alita Resources Ltd. and its two subsidiaries (`Group') on 4 December 2020, by its secured creditor, Austroid Corporation pursuant to Section 436C of the Corporations Act 2001 (`Act'). Richard Tucker and John Bumbak of KordaMentha were appointed as Receivers and Managers of the Group on 4 December 2020 by the secured creditor. The powers of the Directors are suspended, and the Receivers and Managers are in control of management of the Group. Following appointment of the Voluntary Administrators, ASIC Corporations (External y-Administered Bodies) Instrument 2015/251 applies to provide a deferral of financial reporting obligations under Part 2M.3 of the Act, for a period of six months from the date of appointment.